The EU-US trade deal establishes a 15% tariff on most EU exports to the US while requiring the EU to eliminate import duties on US industrial goods and open access for agricultural and seafood products. The European Parliament formally approved these tariff commitments, which took full effect on July 1, 2026. [1, 2].

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 The EU-US trade deal establishes a 15% tariff on most EU exports to the US while requiring the EU to eliminate import duties on US industrial goods and open access for agricultural and seafood products. The European Parliament formally approved these tariff commitments, which took full effect on July 1, 2026. [1, 2]

The agreement, which is set to run until December 31, 2029, is governed by specific conditions: [1, 2]
  • US Tariffs: The United States applies an all-inclusive 15% tariff ceiling on the majority of European goods, including automobiles, semiconductors, and generic pharmaceuticals. [1, 2]
  • EU Concessions: The European Union eliminated customs duties on US industrial goods and granted preferential market access and reduced tariffs for US farm products,AI chips, and seafood (including extending a zero-tariff policy on lobster imports). [1, 2]
  • Safeguards: The EU built in protective mechanisms that allow Brussels to suspend tariff concessions or retaliate if the US continues applying separate national-security tariffs on steel and aluminum. [1]
  • Investments: The agreement also serves as a framework for the EU to increase energy purchases (such as US liquified natural gas) and expand strategic investments. [1, 2]
For official texts and specific sector breakdowns, review the European Commission Trade Deal or check the European Parliament Press Release. [1, 2]
Would you like to know how these tariff changes are currently impacting a specific industry (like automotive or pharmaceuticals), or are you interested in import/export regulations for a particular product?

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